Cost of Living in Shanghai

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The cost of living in Shanghai is considered the highest in China and, according to Mercer's 2022 Cost of Living Survey, it's the 12th most expensive city out of 227 cities for expats.

Depending on an expat's budget, some will naturally opt for a more economical lifestyle in the city, while others tend to live more extravagantly than they would back home, taking advantage of Shanghai's luxuries and renowned nightlife.

Regardless of which end of the spectrum an expat lives on, it's good to be informed of the basic cost of living in Shanghai before arriving.

Cost of accommodation in Shanghai

Shanghai, known as the 'Paris of the East', is a bustling metropolis that offers expats a unique blend of modernity and traditional Chinese culture. Expat accommodation in Shanghai can be described as diverse, with options ranging from high-end luxury apartments to more affordable and cosy flats.

The cost of accommodation in Shanghai for expats can vary depending on factors such as location, size, and amenities. Expats looking to live in popular areas such as Jing'an or Xintiandi can expect to pay a premium for their accommodation, while those who opt for more residential areas like Hongkou or Yangpu may find more affordable options. Despite the varying costs, one thing that remains consistent is the high demand for quality housing in Shanghai, making it essential for expats to do their due diligence before settling on a place to call home.

Cost of transport in Shanghai

Shanghai, one of the most populous cities in the world, boasts a modern and efficient transport system that caters to the needs of expats and locals alike. The cost of transport in Shanghai can be described as reasonable, with various modes of transport available to suit different budgets and preferences.

For expats looking to explore the city, Shanghai's extensive subway network is a popular and affordable option. With clean and spacious carriages, the subway provides a fast and convenient way to get around Shanghai's sprawling metropolis. Alternatively, for those seeking a more leisurely mode of transport, the city's iconic yellow taxis are readily available at a reasonable cost. For the environmentally conscious, bike-sharing services have become increasingly popular in recent years, providing a healthy and cost-effective way to explore the city at a leisurely pace.

Cost of groceries and shopping in Shanghai

The great thing about buying groceries in Shanghai is that just about anything can be found in foreign supermarkets. Imported produce is more expensive, though. Buying vegetables from local vendors is often half the price of fresh produce from supermarkets, although the bigger shops may have a larger organic selection.

Some of the best bargains in Shanghai can be found in its local markets. Spread throughout the city, these places are a great way for savvy shoppers to find deals on pearls, electronics, antiques, books and branded clothing. Quality, selection and authenticity may be lacking, but expats are often able to haggle prices down to a fraction of what they would be sold for abroad.

On the other hand, prices for luxury goods at places such as the malls on Nanjing Road are in line with those in North America and Europe.

Cost of healthcare in Shanghai

The cost of healthcare in Shanghai varies dramatically. In the case of emergencies, fees at a private hospital in China would add up quite similarly to those in a Western country. As a result, medical insurance is essential.

Cost of entertainment and eating out in Shanghai

Shanghai, a city that never sleeps, offers expats an endless array of entertainment options that cater to all tastes and preferences. The cost of entertainment in Shanghai varies widely, with options ranging from high-end luxury experiences to more affordable and casual outings.

For expats looking to indulge in the city's vibrant nightlife, Shanghai's plethora of bars and clubs provide a glamorous and exciting experience. From chic rooftop bars overlooking the city skyline to underground speakeasies that offer a more intimate atmosphere, the nightlife scene in Shanghai is both diverse and vibrant. Alternatively, for those seeking a more laid-back evening, Shanghai offers a range of cultural experiences, such as visiting traditional tea houses, enjoying a performance at the Shanghai Grand Theatre, or exploring the city's art galleries and museums.

Shanghai is also known for its excellent cuisine, with a vast selection of restaurants and street food vendors offering a culinary journey that caters to all budgets. From Michelin-starred restaurants to humble food stalls, Shanghai's food scene offers a gastronomic adventure that is both diverse and affordable.

Cost of education in Shanghai

Shanghai has a reputation for offering high-quality education, making it an attractive destination for expats looking to provide their children with an international education. The cost of education in Shanghai can be described as reasonable, with a range of options available to suit different budgets and academic requirements.

International schools in Shanghai are a popular choice for expats, providing students with a globally recognised curriculum and a diverse student body. While the cost of tuition at international schools can vary, they generally offer a high standard of education that is competitive with other major international cities. Additionally, some international schools in Shanghai offer boarding options, providing students with a full-time education that includes accommodation and meals.

For expats looking for more affordable education options, there are also a range of local schools in Shanghai that offer Mandarin-immersion programmes. These schools can offer a more authentic Chinese learning experience, while still providing students with a quality education at a lower cost. Furthermore, Shanghai has a wealth of cultural and historical sites that offer a unique learning experience outside the classroom, providing students with a well-rounded education that is both immersive and engaging.